“Retirement benefits cost Connecticut more than half of payroll” [Raising Hale] Jagadeesh Gokhale, “State and Local Pension Plans” [Cato] “In the report Krugman cites, the researchers note (repeatedly) that the trillion-dollar figure is very likely a dramatic understatement of the size of the unmet liability.” [Caleb Brown]

Half a century ago, selling the Tennessee Valley Authority was regarded as a free-marketeers’ politically impossible dream. Now guess who’s for it — and who’s against. (Hint on the latter: R-Tenn.) [Knoxville News via Future of Capitalism]

World Wrestling Entertainment executive Linda McMahon is again running for a Connecticut seat in the U.S. Senate, two years after she won the Republican nomination for the state’s other Senate seat but then lost badly to Democrat Richard Blumenthal. Chris Powell of the Manchester Journal-Inquirer, a prominent commentator on Connecticut politics, expressed scathing opinions on the type of entertainment purveyed by WWE under McMahon’s leadership, deeming it a “business of violence, pornography, and general raunch.” On Friday a WWE vice president, in a letter sent to news media throughout the state, “threatened the Journal Inquirer with a libel lawsuit.” In response, the newspaper contends that “The programs were issues in the Senate election two years ago and, by distributing its libel lawsuit threat throughout Connecticut’s news media, the McMahon campaign aims to prevent them from being mentioned this year.” [via Jared Eberle](&Rick Green, Hartford Courant)